Is Brighton, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Brighton has remained a Seller's Market.
Housing Prices in Brighton, IL
How much do homes in Brighton, IL cost?
Median Sold Price
$175,000
$120/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Brighton was $175,000 in April 2024, up 0.7% from last year, and the median price per square foot was $120.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $118.5K | N/A |
2 Bedrooms | $135.9K | $93.9K | -30.9% |
3 Bedrooms | $161.2K | $160K | -0.8% |
4 Bedrooms | $250.2K | $277.4K | +10.9% |
5+ Bedrooms | $360K | $402K | +11.7% |
Summary: Brighton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 30.9%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes increased by 11.7%.
Median Sold Price Compared To Nearby Cities
Brighton Township | $160K | $190K | +18.8% |
Brighton | $154K | $179K | +16.2% |
Brighton | $173.7K | $175K | +0.7% |
Piasa Township | $205K | $199.9K | -2.5% |
Housing Supply in Brighton, IL
How many homes are available in Brighton, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 19 | 0.0% |
Summary: The Brighton real estate market had 19 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 13 | 14 | +7.7% |
4 Bedrooms | 3 | 2 | -33.3% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Brighton housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 4 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Brighton in April 2024, down by 50.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Brighton, IL
How long does it take to sell a home in Brighton, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
48 Days | 24 Days | -49.0% |
Summary: Homes in Brighton had an average of 24 days on market in Apr 2024, down by 49% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Brighton; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.